Ace Insurance, part of the Ace Group of re/insurance companies, has announced the integration of its two operating units in Malaysia, Ace Synergy Insurance Berhad (ASIB) and Jerneh Insurance Berhad (JIB).The consolidation, made possible by Ace’s recent purchase of 49 percent of the outstanding shares of ASIB from Advance Synergy Capital Berhad and Ace’s acquisition of JIB in December 2010, is expected to be completed in the first quarter of 2012.Lim Sun will take up the role of country president, responsible for the overall local operations and a key focus on the continued growth and development of the agency distribution channel. Raj Nanra will become executive vice-president, with emphasis on corporate and business development.“I’m very excited by the integration of both our operating entities in Malaysia, a strategic growth country for Ace,” said Damien Sullivan, regional president, Ace Asia Pacific.“The consolidation of two successful and complementary business models will enable us to build an even stronger platform of business diversity that will leverage the niche competencies of both organisations. With Malaysia positioned as a significant contributor to Ace’s growth in the region, we will continue to invest in the consolidated company to realise its full potential.”